GreenForest targets 1.75m euros

Timisoara-based office furniture manufacturer GreenForest expects turnover to go up 14% this year, to 1.75m euros. “We expect 1.75m euros in turnover in 2004, while the medium-term goal is to control 4%-5% of the national office furniture market,” Cristian Florea, general manager of the Timisoara-based company, said. GreenForest currently controls 2% of the national office furniture segment. In fact, office furniture accounts for 80% of the total GreenForest output. GreenForest ended last year with 1.54m euros in turnover, similar to the previous year’s results. ZF